In January-September Korshunovsky Mining and Processing Works mined 6 million tons of ore, up by 3% YoY. According to the company statement, concentrate output went up by 3%, to 2.1 million tons. Almost all of the products (98%) were supplied to Chelyabinsk Iron and Steel Works. Revenues increased by 13% YoY, to 6.4 billion rubles,…
The state enterprise Ukrpromvneshexpertisa forecasts that in October iron ore raw materials (Fe 62% Australian ore at CFR China) prices on world markets will decrease by 12% MoM, or by $7 per ton to $51 per ton. According to the company experts this will have to do with the seasonal drop on the steel market…
In January-August Ukraine exported 27.25 million tons of iron ore and concentrate valued at $1.13 billion. According to the State Fiscal Service, the largest importers of Ukrainian iron ore were China ($435.44 million, or 38.51% of the total volume), Czech Republic ($119.34 million, 10.55%) and Poland ($109.35 million, 9.67%). Iron ore share in the total…
In August Ukraine produced 6141 thousand tons of iron ore and concentrate, down by 0.3% MoM, or by 16 thousand tons. In particular, iron ore output went up by 10.8% MoM, or by 118 thousand tons, to 1211 thousand tons, while that of iron ore concentrate dropped by 2.6%, or by 134 thousand tons, to…
In July Ukraine exported $150.67 million worth of iron ore, with imports on the level of $5.22 million. According to the State Fiscal Service, the main consumer of iron ore in July was China ($56.9 million). In January-July Ukraine exported $967.89 million worth of iron ore, with imports at $57.16 million. In June iron ore…
The state enterprise Ukrpromvneshexpertisa forecasts in September average iron ore raw materials price (Australian Fe 62% ore at CFR China) will fall by 6.8% MoM, or by $4 per ton, to $55 per ton. “In August the price totaled $59 per ton. We believe in September it will fall to $55 per ton and lower”,…
In July Ukraine produced 6157 thousand tons of iron ore and iron ore concentrate, up by 2.8% MoM, or by 179 thousand tons. In particular, iron ore output increased by 1.2%, or by 13 thousand tons, to 1093 thousand tons, that of iron ore concentrate dropped by 3.7%, or by 192 thousand tons, to 5064…
The state enterprise Ukrpromvneshexpertisa (UPE) believes iron ore raw materials prices in October (Australian Fe 62% ore CFR China) will drop below $50 per ton on the world market. “We’re not yet sure how long it will last – a week, 2 or 3, but the prices will be below $50”, said the company analyst…
